Bounce Protection

At times, unanticipated expenses or unforeseen problems can leave you with too little cash in your checking account. Having a check returned due to insufficient funds can be a costly, inconvenient and potentially embarrassing experience. At FNB, we do not encourage overdrafts. As always, we encourage you to manage your finances responsibly. However, we want to save you from the additional merchant fees and possible damage to your credit history that might result if a check is returned. That’s why we offer Bounce Protection, a special overdraft service for FNB’s customers.

What is Bounce Protection?

Bounce Protection is a discretionary overdraft service that provides you a safety net up to an automatically assigned overdraft limit. Your Bounce Protection limit may be available for checks and other transactions made using your checking account number or automatic bill payment and recurring debit card payment. At your request, we may authorize and pay ATM transfers or withdrawals and everyday debit card purchases using your limit. You may opt out of this privilege by contacting First Neighborhood Bank at 304.927.1750 or 304.485.7641.

What does my Bounce Protection privilege cost?

There is no additional cost associated with this privilege unless you use it. You will be charged our Overdraft Paid Fee of $30 for each overdrawn item created by a traditional paper-based check, a teller withdrawal, an automatic payment (ACH) transaction, or a recurring debit card payment. Also, if you have requested us to do so (Opt In), we may authorize and cover ATM transfers or withdrawals and everyday debit card purchases.

How quickly must I repay my Bounce Protection?

You should make every attempt to bring your account to a positive end-of-day balance as soon as possible and must do so within 30 calendar days. If you are not able to do so, you will receive a letter from First Neighborhood Bank informing you that your Bounce Protection limit has been suspended and additional items will be returned. If your limit is suspended, unless we notify you otherwise or you request this service be removed from your account, your limit will be made available to cover overdrafts again the first business day after you bring your account to a positive end-of-day balance.

What if I go beyond my Bounce Protection limit?

Overdrafts above and beyond your established Bounce Protection limit may result in checks or other items being returned to the payee. The Nonsufficient Funds Fee of $30 will be charged per item and assessed to your account. A notice will be sent to notify you of items paid and/or returned.

What do I have to do to get Bounce Protection on my account?

You can Opt In for this program at account opening. New accounts have a 60 day waiting period and must be in good standing before Bounce Protection is applied to the account. To receive Bounce Protection on debit card transactions and ATM withdrawals/transfers, you must Opt In by completing the proper form. As long as you keep your account in good standing, you can enjoy this extra feature on your account.

You may Opt In or Opt Out of this privilege at any time, but you are responsible for any overdrawn balances at the time of opting out. If you would like to have this service added to or removed from your account, please call 304.927.1750 or 304.485.7641.

IMPORTANT NOTE: If you use our 24-hour First Touch Online Banking and First Touch Telebanking, the available balance you will be given does include your Bounce Protection limit.

* For Bounce Protection consideration, your account is in “good standing” if you (1) make sufficient deposits to bring your account to a positive end-of-day balance at least once every 30 calendar days (including the payment of all First Neighborhood Bank fees and charges); (2) avoid excessive overdrafts suggesting the use of Bounce Protection as a continuing line of credit; and (3) have no legal orders, levies or liens against your account.

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